Photronics Inc (PLAB)
Profitability ratios
Return on sales
| Jan 28, 2024 | Oct 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 31, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Oct 31, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Oct 31, 2019 | Jul 28, 2019 | Apr 28, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 37.40% | 37.60% | 37.92% | 37.42% | 36.49% | 34.55% | 32.57% | 29.49% | 27.42% | 24.76% | 23.02% | 22.55% | 21.64% | 22.09% | 22.85% | 22.41% | 22.08% | 21.94% | 21.91% | 22.92% |
| Operating profit margin | 28.06% | 28.30% | 28.46% | 28.15% | 27.00% | 24.88% | 22.64% | 19.40% | 16.89% | 14.02% | 11.91% | 10.92% | 9.84% | 10.49% | 11.42% | 10.70% | 10.31% | 9.47% | 9.03% | 10.37% |
| Pretax margin | 23.15% | 21.90% | 21.05% | 21.67% | 20.09% | 20.97% | 18.86% | 16.79% | 14.23% | 11.66% | 9.41% | 8.23% | 7.74% | 9.03% | 9.27% | 8.55% | 9.00% | 7.26% | 8.17% | 9.21% |
| Net profit margin | 15.17% | 14.04% | 13.49% | 13.91% | 12.90% | 13.95% | 12.44% | 11.33% | 9.84% | 8.22% | 6.59% | 5.79% | 5.23% | 5.55% | 6.01% | 5.47% | 5.95% | 5.41% | 6.04% | 7.30% |
Photronics, Inc.'s profitability ratios have shown a positive trend over the last few quarters. The gross profit margin has been relatively stable, ranging between 33.42% and 37.90%. This indicates the company's ability to efficiently control production costs.
The operating profit margin has also remained consistent, hovering around 23.23% to 28.44%. This suggests that Photronics has been effectively managing its operating expenses while generating operating profits.
The pretax margin has shown improvement over time, with an increase from 22.76% to 31.44%. This indicates that the company has been able to generate higher profits before accounting for taxes, reflecting strong operational performance.
Similarly, the net profit margin has seen a consistent improvement, ranging from 11.71% to 15.34%. This shows that Photronics has been able to maintain profitability after deducting all expenses, including taxes.
Overall, Photronics, Inc.'s profitability ratios reflect a positive trend with improvements in gross profit margin, operating profit margin, pretax margin, and net profit margin over the analyzed periods, highlighting the company's strong financial performance.
Return on investment
| Jan 28, 2024 | Oct 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 31, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Oct 31, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Oct 31, 2019 | Jul 28, 2019 | Apr 28, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 16.08% | 16.58% | 16.55% | 17.04% | 15.93% | 16.10% | 13.70% | 11.23% | 9.06% | 7.31% | 5.93% | 5.33% | 4.82% | 5.38% | 5.89% | 5.63% | 5.36% | 4.66% | 4.37% | 5.13% |
| Return on assets (ROA) | 8.70% | 8.22% | 7.84% | 8.42% | 7.61% | 9.03% | 7.52% | 6.56% | 5.28% | 4.28% | 3.28% | 2.83% | 2.56% | 2.85% | 3.10% | 2.88% | 3.09% | 2.66% | 2.92% | 3.62% |
| Return on total capital | 24.89% | 22.95% | 22.37% | 22.96% | 21.13% | 24.17% | 20.27% | 16.20% | 12.86% | 10.35% | 8.35% | 7.42% | 6.63% | 7.43% | 8.50% | 7.94% | 7.48% | 6.42% | 6.03% | 6.97% |
| Return on equity (ROE) | 13.46% | 12.87% | 12.27% | 13.17% | 11.91% | 14.29% | 11.94% | 10.47% | 8.41% | 6.73% | 5.15% | 4.36% | 3.87% | 4.20% | 4.69% | 4.24% | 4.52% | 3.87% | 4.27% | 5.14% |
Photronics, Inc. has shown consistent profitability over the quarters based on its profitability ratios. The Operating return on assets (Operating ROA) has ranged from 10.97% to 17.04% in the past eight quarters, with an average of 15.73%. This indicates that the company is generating a strong operating return relative to its total assets, reflecting efficient asset utilization and operational performance.
The Return on assets (ROA) has varied between 6.56% and 9.03% during the same period, averaging at 7.98%. The ROA demonstrates the company's ability to generate earnings relative to its total assets, showing a satisfactory return on investment for the company's stakeholders.
The Return on total capital has fluctuated between 15.93% and 25.85% over the quarters, with an average of 23.63%. This ratio reflects the overall profitability of the company's invested capital, including debt and equity. The consistent high return on total capital indicates efficient capital management by the company.
The Return on equity (ROE) has ranged from 10.47% to 14.29% in the past eight quarters, with an average of 12.40%. The ROE measures the company's ability to generate profits from shareholders' equity. Photronics, Inc. has maintained a stable and positive ROE, indicating that it is effectively using shareholders' equity to generate profits.
Overall, the profitability ratios suggest that Photronics, Inc. has been successful in managing its assets, capital, and equity to generate sustainable profits over the quarters, reflecting strong operational efficiency and financial performance.